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Dorman Products: Q2 Earnings Snapshot
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COLMAR, Pa. (AP) — COLMAR, Pa. (AP) — Dorman Products Inc. (DORM) on Monday reported second-quarter net income of $87.8 million.

On a per-share basis, the Colmar, Pennsylvania-based company said it had profit of $2.93. Earnings, adjusted for non-recurring costs, were $3.08 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The distributor of parts to automotive retailers posted revenue of $544.6 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $581.9 million.

Dorman Products expects full-year earnings in the range of $8.50 to $8.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DORM at https://www.zacks.com/ap/DORM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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